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09/24/2019

Kraft Heinz: Two Food Giants That Haven’t Gone So Well Together The company behind brands like a famous ketchup and Oscar Mayer meats is dealing with slumping sales, shareholder lawsuits, layoffs and questions about its accounting practices....
09:12, 09/24/2019

A third of UK bank branches closed in the last five years Around a third of the UK's bank branches have shut within the past five years alone, as customers continue to their migration to online accounts and apps, according to research from Which?...
06:48, 09/24/2019

Thomas Cook Brits return as anger mounts over bosses' bonuses Thousands more Thomas Cook customers are being brought back to the UK as anger mounts over the multimillion-pound sums received by the bosses of the firm prior to its collapse....
06:48, 09/24/2019

Why WeWork’s Biggest Investor Suddenly Turned Against the CEO They built him up. And now they want to bring him down. SoftBank’s sudden turn against WeWork CEO Adam Neumann highlights how the Japanese conglomerate has wielded far more dollars than sense in...
06:01, 09/24/2019

‘Rampant Consumerism Is Not Attractive.’ Patagonia Is Climbing to the Top — and Reimagining Capitalism Along the Way There are two small holes in the chest of my black fleece, as if a vampire took a nip, but Rose Marcario, the CEO of Patagonia, does not think I need a new one. The outdoor apparel retailer would make...
06:01, 09/24/2019

This American Said He Had to Pay $2,400 to Get Home After Travel Company Thomas Cook Collapsed The collapse of one of the world’s oldest travel agencies has impacted an estimated 600,000 travelers all over the world on Monday—including some Americans. Thomas Cook collapsed into liqu...
06:01, 09/24/2019

Nissan Is Paying $15 Million, and Ghosn $1 Million, to Settle U.S. Fraud Charges WASHINGTON (AP) — Nissan will pay $15 million and former chairman Carlos Ghosn will pay $1 million to settle allegations by U.S. regulators that they hid more than $140 million of Ghosn’s ...
06:01, 09/24/2019

Everything Jim Cramer said on 'Mad Money,' including stock valuations, Canopy Growth vapes Jim Cramer breaks down similarities he sees in between today's market and the dot-com era, reviews the IPO market, and sits for interviews with the CEOs of Canopy Growth and Nutanix....
05:12, 09/24/2019

AB InBev prices its Budweiser offering at HK$27 — the second biggest IPO this year In its second attempt to list its Asian business in Hong Kong, brewer Anheuser-Busch InBev has priced its initial public offering at HK$27 apiece, according to a CNBC source....
05:12, 09/24/2019

|Bankstrike:FNBsaysclientsshoulduseappandonlinebanking Ahead of a strike in the banking sector on Friday, FNB said it has taken contingency measures to try to ensure its services are uninterrupted during the protest....
04:50, 09/24/2019

In the Salary Race, Engineers Sprint but English Majors Endure Technical skills taught in college have a short shelf life, while a liberal arts education prepares graduates for jobs that haven’t been invented yet....
04:50, 09/24/2019

WeWork May Be Headed for Civil War DealBook Briefing: Some directors and large investors in the company, including SoftBank, want Adam Neumann out as C.E.O. So far, he doesn’t appear willing to go....
04:50, 09/24/2019

Russian Man Pleads Guilty in ‘Massive’ Hacking Scheme Andrei Tyurin is the first person to be convicted in the case, in which prosecutors said cyberattacks targeted a dozen American companies, including JPMorgan Chase....
04:50, 09/24/2019

Facebook removes pro-Trump ‘I Love America’ page that was run by Ukrainians Facebook took action against the page — which had 1.1 million followers — and several affiliated ones after a report in Popular Information detailed the page’s Ukrainian management and remarkable reac...
03:24, 09/24/2019

Trump’s vaping crackdown could be boon for big tobacco, big tech Mom-and-pop vape shops were the great small-business success story of the decade. New regulations could wipe them out and allow a few major players to dominate....
03:24, 09/24/2019

Jim Cramer warns of dot-com era parallels: 'This is not a normal market, so we need to be careful' "You can only go up for so long based on something other than earnings before we have to accept that valuations have gotten out of whack," Jim Cramer says....
02:12, 09/24/2019

FAA says each country will make 'its own decision' on when the Boeing 737 Max returns The FAA says each country's regulator will decide when the Boeing 737 Max can return to the skies as the grounding of Boeing's best seller, edges toward its eighth month....
02:12, 09/24/2019

The days of sharp, sustained spikes in oil prices are likely gone for now, analyst tells Jim Cramer "When you look at how much resiliency that there is built into the marketplace, I think most of the market assumes that if prices go up, the U.S. and other countries will respond," oil analyst Rusty B...
02:12, 09/24/2019

Canopy Growth CEO: 'We're ready to launch vape products into Canada' Canopy Growth CEO Mark Zekulin says Canada has rules that will govern the [vape] products that we put to market," while the U.S. battles controversies....
02:12, 09/24/2019

Apple, Google and other titans are snatching up start-ups. The secrets behind corporate coupling Apple, Google, Facebook and other legacy enterprises are fueling innovation by partnering with bold young start-ups. These relationships are often cheaper, better targeted and more successful than mos...
00:24, 09/24/2019

The Emmy Awards prove that the future of hit TV shows may not be on cable Think about the last TV show you recommended to a friend, or the last one that was recommended to you. Odds are, it was from a premium service like HBO, Netflix or Amazon....
00:24, 09/24/2019

Federal prosecutors in California reportedly open criminal probe of vaping company Juul The probe by the U.S. attorney's office of the Northern District of California is in its early stages, the Journal reported, citing people familiar with the matter....
00:24, 09/24/2019

GM granted restraining order against UAW workers in Tennessee The order follows local media reports of damaged property and run-ins with local law enforcement that have led to the arrests of a dozen or so union members....
00:24, 09/24/2019

Why Trump’s Ukraine Call Has Invigorated Calls for Impeachment Impeachment talk was limited to a vocal minority during President Donald Trump’s first two years in office. It’s grown louder in 2019 with opposition Democrats in control of the U.S. House of Represen...
22:24, 09/23/2019

How to make your home ‘inclusive’ as you grow older Inclusive design is a holistic strategy that looks not to segregate people, processes and design elements based on ability/disability, but to unify the built environment as equally accessible to all....
22:24, 09/23/2019

Adam Neumann’s chaotic energy built WeWork. Now it might cost him his job as CEO. The shared-workspace provider's biggest investor, SoftBank, and several board members are pushing for the change after WeWork delayed its IPO amid concerns about its business model and valuation, acco...
22:24, 09/23/2019

Trump’s vaping crackdown could help Juul by ending the decade’s biggest small-business success story Mom and pop vape shops were the great small-business success story of the decade. New regulations could wipe them out and allow big tobacco and big tech to dominate the fast-growing industry....
22:24, 09/23/2019

Trump’s vaping crackdown could be a boon for big tobacco and big tech Mom-and-pop vape shops were the great small-business success story of the decade. New regulations could wipe them out and allow a few major players to dominate....
22:24, 09/23/2019

Netflix goes negative for the year, giving up a 46% gain After an unexpected loss of subscribers and increased competition in the streaming war, shares of Netflix erased all of its 46% gain for the year at its peak and officially entered negative territory ...
21:36, 09/23/2019

Orbital nabs $1.1B contract for Missile Defense targets Orbital Sciences Corp. received a $1.1 billion contract with the Missile Defense Agency for missile defense targets, which are used in military exercises to simulate ballistic missile attacks....
20:49, 09/23/2019

Three U.S. servicemen injured after Afghan police officer fires at NATO convoy An Afghan police officer fired on a NATO coalition convoy in Kandahar province on Monday, leaving three U.S. soldiers with non-life-threatening injuries....
20:49, 09/23/2019

Thomas Cook's final flight: Crew moved to tears by passenger whip-round Cabin crew on the last Thomas Cook flight back to the UK were moved to tears after passengers gave donations when they revealed they would not be paid....
20:48, 09/23/2019

Sports Direct in £3.8m bid for Goals Soccer Centres Mike Ashley's Sports Direct has made a £3.8m cash offer for Goals Soccer Centres, the struggling five-a-side football pitch operator in which he already holds a 19% stake....
20:48, 09/23/2019

The cause of Thomas Cook's demise - and why we could all be affected As the biggest repatriation in peacetime history gets under way, so too will the blame game, with questions being asked as to why Thomas Cook was allowed to go under....
20:48, 09/23/2019

Holidaymakers thrown out of hotels after Thomas Cook collapse British holidaymakers were thrown out of their hotels abroad as others scrambled for information on how to get home after the collapse of travel giant Thomas Cook....
20:48, 09/23/2019

Following Apple's Lead, Google Launches Subscription Videogame Service Google is launching a videogame and app subscription service this week called Play Pass that costs $4.99 a month, just days after Apple unveiled an offering for the same price targeting the fast-growi...
20:24, 09/23/2019

Court Overturns FCC Changes in Media-Ownership Rules A federal appeals court threw out changes to broadcast-media ownership rules approved by the Federal Communications Commission in 2017, saying the agency should have looked more closely at potential e...
20:24, 09/23/2019

'The Bells Start Going Off.' How Doctors Uncovered the Vaping Crisis A series of patients in Wisconsin had lung problems, including chest pain and shortness of breath—and they all had vaped. Health officials issued an alert, which kicked off the process of identifying ...
20:24, 09/23/2019

Germany on Brink of Recession as Factories Slump Germany’s economy is on the brink of recession, reflecting the deepening hit to its factories from the U.S.-China trade war, uncertainty around the U.K.’s departure from the European Union, and proble...
20:24, 09/23/2019

Mexico-Canada Trade Pact's Fate in House Hangs on Support of Labor Support from labor groups will be a deciding factor in whether the Trump administration’s renegotiated trade deal with Mexico and Canada sees a vote in the House....
20:24, 09/23/2019

Thomas Cook Collapses, Forcing U.K. to Fly Tens of Thousands Home Thomas Cook Group, the 178-year-old British travel company, collapsed after failing to conclude a rescue deal with investors and creditors, forcing the U.K. government to repatriate tens of thousands ...
20:24, 09/23/2019

Nissan Lawyers See Ghosn Probe Marred by Possible Conflicts Lawyers inside Nissan Motor have raised concerns the company’s investigation into former Chairman Carlos Ghosn is marred by conflicts of interest involving a Nissan executive and the company’s outside...
20:24, 09/23/2019

Cramer rants against hyped-up IPOs like WeWork — Peloton is just 'a way to hang up your towels' CNBC's Jim Cramer calls on investors to be wary of the slew of the hyped-up unicorn companies going public this year and encourages the focus to be on deliverable earnings....
19:00, 09/23/2019

Here's how much financial advisors should invest in alternatives to make a difference Mutual fund managers have made hedge fund strategies available to retail investors who are looking for a boost to their returns or some added diversification. However, it's not for the uninitiate...
18:36, 09/23/2019

Bank Strike: State-Run Bank Employees To Go On Strike On September 26, 27 Bank strike dates: The unions have decided to go for 2-day bank strike from midnight of September 25, 2019 to midnight of September 27, 2019, the Bank Employees Federation Of India (BEFI) said in a......
17:24, 09/23/2019

Traders Complain Of Glitch At National Stock Exchange Towards Session End The Nifty index soared on Friday after Finance Minister Nirmala Sitharaman cut the effective corporate tax rate to around 25 per cent from 30 per cent and scrapped the minimum alternative tax for......
17:24, 09/23/2019

Banks Set To Remain Closed For 4 Days This Week: 10 Things To Know Four unions of public sector bank (PSB) officers are set to go on 2-day strike on September 26-27, opposing the consolidation of 10 state-run lenders into four. As a result, several banks will be shut...
17:24, 09/23/2019

Corporate Tax Cut To Boost Smartphone Manufacturing: Executives India slashed its headline corporate tax rate to 22 per centfrom 30 per centon Friday in a surprise gambit aimed at wooing manufacturers and boosting investment in Asia's third-biggest economy, where....
17:24, 09/23/2019

Sensex Ends 1,075 Points Higher As Markets Extend Rally To Second Day Last Friday, the S&P BSE Sensex index had surged 1,921.15 points - or 5.32 per cent - to end at 38,014.62, in its best single-day gain in past 10 years....
14:00, 09/23/2019

Sensex Surges 1,075 Points To End At Two-Month High Rally in banking and fast moving consumer goods shares supported the upmove in today's session. HDFC twins, ICICI Bank, Larsen & Toubro, ITC and Kotak Mahindra Bank were among the top Sensex movers......
14:00, 09/23/2019

Government Aims To Sell Air India, Other Firms By March 2020: Official The government planned to sell Bharat Petroleum Corp, logistics firm Container Corp of India and debt-laden Air India before the end of the 2019/20 financial year, the official said....
14:00, 09/23/2019

Oil Prices Will Ease If Global Tensions Do Not Rise: Dharmendra Pradhan Rising global oil prices are a major concern for India, the world's third biggest oil importer, which meets almost 84 per cemtof its oil needs through imports....
14:00, 09/23/2019

'Game of Thrones' ends run with outstanding drama award, 59 total Emmy Awards Despite mixed fan and critic reactions to the final season of "Game of Thrones," the eight-season epic took home the top prize in the drama category at the Emmy Awards on Sunday....
14:00, 09/23/2019

Time for the US and China to return to 'serious communication' on a trade deal: ex-Beijing official The U.S. and China must work closely to reach a trade deal as their bilateral dispute has a global impact, said China's former vice finance minister on Monday....
14:00, 09/23/2019

Major Cable Companies Compile More Granular Data to Fuel Targeted Ads Cable operators Comcast, Charter Communications and Cox Communications are trying to make it easier for television networks and advertisers to target commercials to specific consumer groups....
12:49, 09/23/2019

Private Companies Shake Up Mexico City's Earthquake-Alert System Two years after a devastating earthquake struck Mexico City, killing more than 200 people and damaging thousands of buildings, the city’s government is feuding with private technology startups over wh...
12:49, 09/23/2019

The Dangers of Hiring for Cultural Fit Employers often aim to hire people they think will be a good fit, but their efforts can easily veer into a ditch where new hires all look, think and act alike....
12:49, 09/23/2019

LIVE Market Updates: Sensex Soars Over 1,300 Points, Nifty Crosses 11,650 Last Friday, the S&P BSE Sensex index had surged 1,921.15 points - or 5.32 per cent - to end at 38,014.62, in its best single-day gain in past 10 years....
11:50, 09/23/2019

Sensex Surges Over 1,400 Points, Nifty Near 11,700; ITC Shares Jump Domestic equity benchmarks cheered the government's move to cut corporate tax rates for the second session in a row, with the S&P BSE Sensex index surging 1,426.5 points on Monday afternoon......
11:50, 09/23/2019

SBI To Link Floating Rate Loans With Repo Rate From October 1 SBI floating rates: State Bank of India (SBI) said the change will impact floating rate loans for small businesses, home and retail loans. SBI also said it voluntarily extended the external......
11:50, 09/23/2019

Thomas Cook India Says Have No Correlation With Thomas Cook UK Thomas Cook collapses: Thomas Cook India's Chairman and Managing Director Madhavan Menon in an exchange filing on Saturday said that it is a completely separate entity from Thomas Cook UK post......
11:50, 09/23/2019

Petrol, Diesel Prices Up For Seventh Straight Day: 10 Things To Know State-run oil marketing companies increased petrol and diesel prices on Monday, marking a seventh straight day of hike in the fuel rates. With effect from 6 am on Monday, the price of petrol was at Rs...
11:50, 09/23/2019

Britannia Shares Hit 10-Month High Amid Large Volumes Britannia share price today: After opening higher at Rs 2,919.00 apiece, Britannia shares were locked in the upper circuit at 20 per cent in afternoon deals, before giving up some of those gains....
11:50, 09/23/2019

|China'sloveaffairwithAustraliafizzles Australia is losing its appeal for Chinese tourists and students as the harmful trade war between the US and Beijing, paired with a slowing economy at home, spooks them into staying put....
10:12, 09/23/2019

Economy Week Ahead: Eurozone PMI, Durable Goods, Household Spending In the week ahead, the U.S. Commerce Department releases fresh figures on new-home sales, durable goods and household spending. The eurozone issues figures on activity at factories and service provide...
09:36, 09/23/2019

Fears of Gun Violence Force Business Owners to Rethink Workplace Safety Some companies are adding security cameras and replacing open-door policies with buzzers and locks, while others are making tough choices about allowing weapons at work....
09:36, 09/23/2019

Longstanding Tour Company Thomas Cook Collapses With Global Bookings Canceled LONDON (AP) — Longtime British tour company Thomas Cook collapsed after failing to secure rescue funding, and travel bookings for its more than 600,000 global vacationers were canceled early Mon...
08:49, 09/23/2019

Thomas Cook Shuts Down, Forcing Britain to Fly Thousands Home British travel group Thomas Cook collapsed after failing to conclude a rescue deal with investors and creditors, forcing U.K. authorities to help get thousands of vacationers home....
08:01, 09/23/2019

Some WeWork Board Members Plan to Push Out CEO Adam Neumann After IPO Delay (Bloomberg) — Some WeWork directors are planning to push Adam Neumann to step down as chief executive after the startup delayed its much-anticipated initial public offering, according to a perso...
06:24, 09/23/2019

The Fate of Travel Firm Thomas Cook Is up in the Air After Talks LONDON (AP) — More than 600,000 vacationers who booked through tour operator Thomas Cook were on edge Sunday, wondering if they will be able to get home, as one of the world’s oldest and b...
06:24, 09/23/2019

Juul Tried to Position Itself As a Responsible Actor. It Backfired. Juul Labs pursued a strategy to win over Washington. But the e-cigarette maker wound up further alienating regulators, helping to thrust the once-soaring startup into a crisis that threatens its futur...
06:24, 09/23/2019

Thomas Cook Shuts Down, Stranding Hundreds of Thousands of Travelers British travel company Thomas Cook said it has entered into compulsory liquidation and that all bookings, including flights and holidays, had been canceled—a shutdown affecting more than 600,000 globa...
06:24, 09/23/2019

Men Pick Up Grandpa's Razor for a Close Shave---Too Close ‘Is it normal for your face to look like a war zone?’ People are ditching cutting-edge technology for old-style double-edge blades to reconnect with the past, cut costs and save the planet, at the ris...
02:02, 09/23/2019

Hemp CFO's Quest: Educate Banks, Auditors on the Benefits of CBD John Philpott’s new job is much like that of any other finance chief guiding a growing company to a public-market debut. But something makes the process at Vertical Wellness a little more challenging:...
02:02, 09/23/2019

In a British Invasion, 'Downton Abbey' Leads the Weekend Box Office “Downton Abbey” collected a robust $31 million in the U.S. and Canada, according to preliminary estimates, a healthy start that bucks the trend of recent TV-to-film failures....
02:02, 09/23/2019

Fannie, Freddie Poised to Keep Profits in an Initial Privatization Move Mortgage-finance companies Fannie Mae and Freddie Mac are expected to start keeping their earnings as early as this week, pausing a yearslong arrangement in which they handed nearly all of their profi...
02:02, 09/23/2019

Fracking Ban, Pushed by Democratic Hopefuls, Could Dent Economy Climate-change platforms of some Democratic presidential candidates propose a ban on fracking, a move that is popular with their supporters but could have consequences for the U.S. economy....
02:02, 09/23/2019

Americans Are Saving More, and That Isn't Necessarily Good Household saving typically rises after a recession as people pay down debt and rebuild balance sheets, then declines as they grew more optimistic—and spendthrift. But in the current expansion, it just...
02:02, 09/23/2019

One Company Has Filed 10,000 Appeals to Trump's Tariffs President Trump has said China is paying the cost of tariffs, but many U.S. importers see them as threats and are racing to seek exemptions. One such company has filed nearly two-thirds of all appeals...
02:02, 09/23/2019

Indonesia to Fault 737 MAX Design, U.S. Oversight in Lion Air Crash Report Indonesian investigators have determined that design and oversight lapses played a central role in the fatal crash of a Boeing 737 MAX jet in October, according to people familiar with what is expecte...
02:02, 09/23/2019

Some WeWork Board Members Seek to Remove Adam Neumann as CEO A bloc of WeWork directors is planning to push Adam Neumann to step down as chief executive after a tumultuous week in which the startup delayed its IPO....
02:02, 09/23/2019

Review: The 2019 Jeep Gladiator pickup is extremely cool, smartly designed and incredibly capable Dubbed the Gladiator, Jeep's Wrangler pickup feels more modern and well-executed than anything else in the segment. But the best midsize truck is also the most expensive one....
21:36, 09/22/2019

How Private Credit Soared to Fuel Private Equity Boom Private equity is booming, thanks in large measure to private credit, a rapidly growing slice of the debt markets where ever-growing pools of capital supplied by large investors are mobilized outside ...
21:12, 09/22/2019

Original or Copied? ‘Stairway to Heaven’ Is Back in Court Who wrote the 1971 song’s opening passage, Jimmy Page and Robert Plant or Randy Wolfe? The music industry is hoping to get an answer on what makes a song original....
20:48, 09/22/2019

China’s Big Brother Targets Business Beijing hopes its social credit system will use vast troves of data to quickly punish companies accused of wrongdoing. U.S. firms could get hit, too....
20:48, 09/22/2019

|Healthministerbackssuspensionsofofficialsatmedicalschemesregulator Health Minister Zweli Mkhize was updated by the chairperson and CEO of the Council for Medical Schemes on the status of probes and subsequent suspensions of officials at the regulator....
20:48, 09/22/2019

|ChineseagricultureofficialscancelUSfarmvisits A Chinese agricultural delegation canceled a planned visits to farms in Montana and Nebraska that had been scheduled for the coming days, officials said Friday....
20:48, 09/22/2019

|Itwilltake18daysofworkfortheaverageSouthAfricantobuythenewiPhone Just as local tech fanatics are gearing up for the arrival of the new iPhone 11 Pro, a global analysis has revealed that it would take almost 18 days for the average South African to save up to buy th...
20:48, 09/22/2019

|FacebookCEOeasestensionsbutlawmakerspressonprivacyrules Facebook Chief Executive Officer Mark Zuckerberg's Washington charm offensive appeared to ease tensions between the social media giant and US lawmakers critical of its business practices....
20:48, 09/22/2019

|10toptipstoavoidpropertyandrentalscams Technological advances have made it easier for scammers to prey on unsuspecting buyers, sellers, landlords, tenants and agents, says an expert at Seeff....
20:48, 09/22/2019

|ANALYSIS|WeWork,WeWait,WeWorry:What'snextforCEOAdamNeumann? In short order Neumann's office-sharing company has gone from a get-rich story to a you've-got-to-be-joking melodrama – from WeWork to WeWait to, now, WeWorry....
20:48, 09/22/2019

|Apple'sMacProtariffreliefrequestsapproveddespiteTrumpopposition Apple gained US approval to avoid tariffs on Chinese imports for the upcoming Mac Pro computer, even though President Donald Trump indicated the company's waiver requests would be rejected....
20:48, 09/22/2019

|DespiteSauditurmoil,newoilshockunlikely The past week's sudden surge in oil prices brought to mind the nightmare of shortages, but it's not too likely motorists will be queueing to fill up around the world, analysts say....
20:48, 09/22/2019

With PM In US, India's Petronet Signs Natural Gas Deal With Tellurian Sources told Reuters on Friday that Petronet would sign a memorandum of understanding with Tellurian to invest $2.5 billion for rights of up to 5 million tonnes a year of LNG over the lifespan of the....
18:00, 09/22/2019

Petrol Price Rise In Past Six Days Highest In Two Years: Report Petrol prices have been increased by Rs 1.59 a litre and diesel by Rs 1.31 in the last six days -- the most since the current system of daily price reviews was introduced in 2017. Petrol price on......
18:00, 09/22/2019

Onion Prices Surge To Rs 70-80 Per Kg, Centre Mulls Imposing Stock Limits As per the data maintained by the consumer affairs ministry, retail onion prices rose to Rs 57/kg in Delhi, Rs 56/kg in Mumbai, Rs 48/kg in Kolkata and Rs 34/kg in Chennai last week....
18:00, 09/22/2019

Hoteliers Expect Rise In Occupancy Post GST Rate Cut Sanjeev K Nayar, General Manager, ITC WelcomHeritage said that the Council's decision to lower GST on room tariffs 'will certainly increase occupancy'....
18:00, 09/22/2019

No Erosion In Asset Quality Post United Bank, Oriental Bank Merger: PNB Under the consolidation, the three banks will be merged into one entity to make the second-largest PSB with a business of Rs 17.95 lakh crore and 11,437 branches....
18:00, 09/22/2019

State-Run Bank Employees To Go On Strike On September 26, 27 On August 30, Finance Minister Nirmala Sitharaman announced four mergers of banks, a move she said would result in 12 public sector banks in the system instead of 27....
18:00, 09/22/2019

How NBC's SNL firing could have been avoided, but also why it couldn't Professional head hunters told CNBC that, yes, NBC could have done a better job in researching Shane Gillis before hiring him, but also cautioned that social media makes the vetting process much tough...
15:24, 09/22/2019

Warren Buffett has kept the same investing philosophy for decades, early interview shows In perhaps Buffett's first televised profile, he explained a method of investing that prioritizes bargains and makes use of an occasional baseball analogy....
15:24, 09/22/2019

Budget carrier XL Airways seeks rescue deal with Air France French airline XL Airways has called on Air France to discuss a rescue deal to avert the collapse of the budget carrier that halted ticket sales and payments last week....
14:36, 09/22/2019

China needs to change way it finances economy, think tank says China needs to develop a better system for financing small businesses that drive innovation in the economy but currently struggle to access the funds they need for growth, a leading Chinese think-tank...
14:36, 09/22/2019

No one will be stranded, UK minister says on Thomas Cook future British foreign minister Dominic Raab said the government had contingency plans in case talks to rescue travel company Thomas Cook fail, and sought to reassure holidaymakers that they will not end up ...
14:36, 09/22/2019

Saban to return controlling stake in Israel's Partner Comms: media U.S.-Israeli media magnate Haim Saban plans to give up his controlling stake in Israeli mobile phone operator Partner Communications , financial media reported on Sunday....
14:36, 09/22/2019

Deere Turns to U.S. After Growth Stalls Overseas Deere’s incoming chief executive will take charge as the struggling tractor maker switches course from its sluggish global expansion to a narrower focus on its home U.S. market....
13:12, 09/22/2019

Oil Companies, Pushed to Address Climate, Disagree on How As global leaders prepare to debate action on climate change at the United Nations, big oil companies are aiming to show that they are part of the solution to a problem they helped cause....
13:12, 09/22/2019

This Company Has Filed 10,000 Appeals to Trump's Tariffs President Trump has said China is paying the cost of tariffs, but many U.S. importers see them as threats and are racing to seek exemptions. One such company has filed nearly two-thirds of all appeals...
13:12, 09/22/2019

|OPINION:Highereducationmustdomorethanhelpgraduatesgetjobs Quality education is often understood to be the kind that gets graduates jobs - especially where it's tough to find employment. But higher education has some important other functions too, says Patien...
09:24, 09/22/2019

Despite Tough Talk, U.S.-China Trade Negotiations Continue Both sides issued statements describing recent discussions as productive. The question now is whether high-level talks next month will yield progress....
02:00, 09/22/2019

Thomas Cook to hold final rescue talks on Sunday morning Thomas Cook Group will meet its biggest shareholder and creditors on Sunday morning in a final attempt to piece together a rescue deal before the 178-year-old company collapses into insolvency....
00:49, 09/22/2019

SoftBank mulls bringing 40 companies to Brazil Japan's SoftBank Group Corp is considering bringing around 40 companies with high growth potential to Brazil and expects to announce a large investment in the country in around two weeks' time, the gr...
00:24, 09/22/2019

Thomas Cook in talks with UK government and investors over rescue deal Britain's Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector...
20:24, 09/21/2019

Boeing, Northrop spar over $85 billion nuclear missile program The two Virginia-based defense giants are jockeying for position on the Air Force's Ground Based Strategic Deterrent program, a ballistic missile program thought to be worth as much as $85 billion....
19:24, 09/21/2019

M&S finance chief Singer quits in blow to Rowe Marks & Spencer's (M&S) finance chief is quitting the retailer after just 14 months in a fresh blow just days before it is formally relegated from the London stock market's blue-chip share index....
19:00, 09/21/2019

Oil slips on trade fears but soars in week after Saudi production attacked Oil prices eased on Friday on renewed concern over the U.S.-China trade war, but futures still posted weekly gains, with Brent marking its biggest weekly increase since January, after an attack on Sau...
17:48, 09/21/2019

U.S. repo rate falls after Fed repo operation The interest rate on U.S. overnight repurchase agreements slipped on Friday after an operation conducted by the New York Federal Reserve that parked $75 billion in temporary cash in the U.S. banking s...
17:48, 09/21/2019

Fed in three voices: recession, bubbles, and 'in a good place' After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions on full display Friday, with warnings of a slowdown on the one hand and financial risks...
17:48, 09/21/2019

Stocks fall as China cancels U.S. farm visits, yields dip An index of global stock markets surrendered early gains on Friday after Chinese agriculture officials who were to visit U.S. farm states next week canceled their trip, dampening optimism on U.S.-Chin...
17:48, 09/21/2019

U.S., China held 'productive' talks, still plan October meeting: USTR U.S. and Chinese deputy negotiators held "productive" talks in Washington this week aimed at improving their trade relationship, the U.S. Trade Representative's office said on Friday without offering ...
17:48, 09/21/2019

Delaware judge says Tesla board must face trial over Musk's mega-pay package A Delaware judge ruled on Friday that Tesla Inc's board of directors must defend at a trial Chief Executive Elon Musk's multibillion dollar pay package, which a shareholder lawsuit said unjustly enri...
17:48, 09/21/2019

Wall Street drops after China cancels trip to Montana farmland Wall Street dropped on Friday, and also finished the week lower, after a Chinese agriculture delegation canceled a planned visit to Montana, dampening optimism about U.S.-China trade talks....
17:48, 09/21/2019

Fund managers gird for long trade war after FedEx slide A profit warning and muted outlook from package delivery company FedEx Corp is prompting some high-profile fund managers to prepare for the trade war between the United States and China to last longe...
17:48, 09/21/2019

Hopes for trade breakthrough fade as China cancels U.S. farm visits A U.S.-China trade deal appeared elusive on Friday after Chinese officials unexpectedly canceled a visit to farms in Montana and Nebraska as deputy trade negotiators wrapped up two days of negotiation...
17:48, 09/21/2019

M&S suffers fresh blow as finance chief quits Marks & Spencer Group Plc said on Saturday its chief financial officer, Humphrey Singer, was stepping down after little more than a year, a further setback as the retailer is demoted from Britain's...
17:48, 09/21/2019

Ailing Thomas Cook in talks with UK government and investors for rescue deal Britain's Thomas Cook is in talks with the government and potential investors about a last-minute rescue deal to fend off a corporate collapse that would send shockwaves well beyond the travel sector...
17:48, 09/21/2019

Huawei to join forces with China Mobile to bid for Brazil's Oi: report Chinese telecoms equipment maker Huawei Technologies Co is joining forces with China Mobile to potentially enter a dispute to buy struggling Brazilian carrier Oi SA , in an attempt to boost its footp...
17:48, 09/21/2019

Beep. Ding. Vroom. Electric Cars Need to Make Noise for Safety, but What Kind? As electric cars become more popular, engineers, driven by government regulators, are crafting the sounds that will define the highways of the future....
15:36, 09/21/2019

Where’s the Waste? A ‘Circular’ Food Economy Could Combat Climate Change An ice company’s wastewater can feed a produce garden. Spent grain from a brewery goes to compost. Local, shared, recycled. Welcome to the future of food....
15:36, 09/21/2019

The Feds Need to 'Grow a Set and Do Their Jobs' Lawmakers are busy building their case against Silicon Valley's giants, but they're less optimistic about the agencies in charge of antitrust enforcement....
12:36, 09/21/2019

U.S. Grants Apple 10 Exemptions from Tariffs on Chinese Imports The Trump administration has given Apple a reprieve from tariffs on 10 items, including a power supply and a logic board, that are imported from China....
09:49, 09/21/2019

WeWork's Adam Neumann Was Right About One Thing: Someone Needs to Reinvent Work How was the We Co. CEO able to raise so much money? Perhaps because he took aim at the rulebook for how we work, written a century ago by Henry Ford....
09:49, 09/21/2019

The War for Talent in the Age of Netflix In the battle to dominate the new entertainment landscape, Hollywood’s titans are borrowing from Netflix’s playbook, transforming how they do business with writers, producers and stars—and how money i...
09:49, 09/21/2019

Is recession ahead? It may depend on your Christmas shopping. As talk picks up about the trade war's drag on business investment and on the economy, it's consumers and their checkbooks who will have the biggest say about when the next recession hits. Consumer sp...
09:49, 09/21/2019

|OPINION:Howbreedingsingle-sexanimalpopulationscouldhelppreventpoverty The creation of all-male or all-female groups of animals, known as monosex populations, has become a potentially useful approach in aquaculture and livestock rearing, says Tomer Ventura....
08:01, 09/21/2019

Steve Mnuchin dissed 181 major CEOs in a new battle over the future of profits Treasury Secretary Steve Mnuchin says the CEOs of major companies who signed the Business Roundtable's new statement on the purpose of a corporation made a mistake. He's not the only one....
07:36, 09/21/2019

UAW leader: 'Some progress' has been made on contract talks as GM strike continues The United Auto Workers union and General Motors are making progress on their labor contract talks, however, "many" outstanding issues remain, according to a union leader overseeing the talks....
07:36, 09/21/2019

California and 22 other states sue Trump administration over auto emissions rules A group of 23 states on Friday sued to undo the Trump administration's determination that federal law bars California from setting stiff tailpipe emission standards....
07:36, 09/21/2019

Everything Jim Cramer said on 'Mad Money,' including the week ahead, iPhone sales, Zscaler CEO Jim Cramer previews the week ahead of earnings and stock market news, projects iPhone sales in China, breaks down AbbVie and Bristol-Myers' latest deals and interviews Zscaler CEO Jay Chaudhry....
07:36, 09/21/2019

Zscaler CEO shrugs off Palo Alto Networks: 'They feel the pain and they try to attack everyone' Zscaler CEO Jay Chaudhry tells Jim Cramer the company is "very bullish" about its prospects, despite competition for clients from Palo Alto Networks....
07:36, 09/21/2019

Thomas Cook gives up hope of private rescue deal The ailing travel group Thomas Cook was close to abandoning hope of a private sector rescue deal on Friday evening as a City blame game engulfed the UK's oldest travel agent....
07:12, 09/21/2019

Eight companies share Navy's $968.1M C4ISR contract The U.S. Navy announced a contract awarded to eight companies, that is potentially worth up to $968.1 million, covering installation, replacement and support for all C4ISR platforms worldwide....
04:13, 09/21/2019

France receives its first KC-130J Super Hercules tanker France received its first of two KC-130J Super Hercules aerial refueling aircraft in a ceremony at Orleans-Bricy Air Base this week. The second aircraft is expected for delivery in 2020, according to ...
04:13, 09/21/2019

U.S. Navy's MQ-25 tanker drone completes first test flight The U.S. Navy's MQ-25 unmanned aerial refueling aircraft completed its first test flight after test pilots validated its basic functions by running a two-hour flight from a ground control station....
04:13, 09/21/2019

Facebook Suspends More Apps, Tightens Data Controls Facebook said it suspended tens of thousands of apps for violating its rules around accessing and sharing information, a disclosure that follows the company’s record $5 billion fine from federal regul...
03:36, 09/21/2019

Apple's Challenge for iPhone 11: Halt Sales Slide in China As Apple’s iPhone 11 models went on sale world-wide today, they face their biggest challenge in China, Apple’s second-largest market, where new cameras and lower prices aim to help stanch sales declin...
03:36, 09/21/2019

Fed Officials Explain Dissents From Rate Cut Two Federal Reserve officials explained why they opposed this week’s interest-rate cut, and a third defended the move, as central bankers remained split amid an uncertain outlook for the economy....
03:36, 09/21/2019

Fed's Rosengren Says Cutting Rates Now Boosts Risk of Instability Boston Fed President Eric Rosengren said cutting rates now may boost the risk of financial instability, which could make the next downturn more severe when it comes....
03:36, 09/21/2019

GM Furloughs Workers in Canada as Strike Drags On General Motors has furloughed roughly 2,000 hourly workers at a plant in Oshawa, Ontario, near Toronto, as the impact of a strike by the United Auto Workers in the U.S. ripples north....
03:36, 09/21/2019

Boeing to Compensate Icelandair for 737 MAX Grounding Costs Icelandair said it reached an agreement for Boeing to cover costs associated with the airline’s six grounded 737 MAX jets—one of the first carriers to disclose such a settlement since the planes stopp...
03:36, 09/21/2019

Walmart to Stop Selling All E-Cigarettes Walmart will stop selling all e-cigarettes in its U.S. stores, citing regulatory uncertainty around the vaping devices after the White House announced plans to ban most flavors....
03:36, 09/21/2019

As Democrats call for his resignation, HUD Secretary Ben Carson defends his controversial comments about transgender people Carson on Friday sent an agency-wide email seeking to explain his comments and blaming the media for "blatant mischaracterizations of what I have said."...
03:36, 09/21/2019

Facebook suspends tens of thousands of apps following personal data investigation The apps, which may have mishandled users’ personal data, vastly outnumber the hundreds that Facebook previously said it had taken action against in the wake of the Cambridge Analytica scandal. But th...
03:36, 09/21/2019

|Icasaedgestowardsspectrumallocation South Africa is finally edging towards the much-awaited allocation of high demand spectrum, with Icasa revealing that it plans to release licencing criteria by year end....
01:37, 09/21/2019

|WorldBankintalkswithNigeriaforfreshR37bnloan The World Bank and Nigeria are in talks for as much as $2.5bn (R37bn) in a new tranche of concessionary lending to Africa’s most populous country, Vice President for Africa Hafez Ghanem said....
01:37, 09/21/2019

|IndiacutscorporatetaxinR300billionboosttogrowth India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than R300bn boost to revive economic growth from a six-year low....
01:37, 09/21/2019

|Commerzbanktoslash4300jobsascostcutssteppedup Commerzbank AG is planning to cut 4 300 jobs as part of a new strategic plan that will also see the bank sell a stake in its Polish mBank unit to reduce risk and help pay for the measures....
01:37, 09/21/2019

|'Ailing'economycan'twaitfordebates,Cabinetmustactnow-Lamola State-owned enterprises cannot be rescued without strategic partnerships, Justice and Correctional Services Minister Ronald Lamola has said, adding that bold and decisive action is needed....
01:37, 09/21/2019

|Nigeriatogiveallofits200millionpeopleIDnumbers Nigeria wants to issue identity numbers for as many as 50 million citizens per year in a bid to create a harmonised database of its population, the largest in Africa....
01:37, 09/21/2019

|They'redriversfor'Africa'sAmazon'–andit'saroughdayattheoffice Faulty payment systems, patchy phone-network coverage, parking woes and unreliable customers: Just a day in the life of a typical delivery driver for Jumia Technologies in Lagos....
01:37, 09/21/2019

|BloombergreportersinTurkeycourtovereconomyarticle Two Bloomberg reporters appeared in a Turkish court on Friday accused of trying to sabotage the economy with an article about last year's currency crisis....
01:37, 09/21/2019

Secretive FBI demands for information go far beyond tech companies, new documents reveal The FBI has sent secretive written demands for information to more than 120 companies in recent years, according to documents released Friday, raising new questions about the government’s ability to q...
01:12, 09/21/2019

Google and Facebook’s latest efforts to ‘save’ journalism are sparking debate Google and Facebook are racing to elevate quality journalism in the lead-up to the 2020 elections, but some fear the changes could have unintended consequences for news media....
01:12, 09/21/2019

Chinese officials cancel U.S. farm visits as Trump says he feels no pressure to cut trade deal before 2020 elections The exclusions, published ahead of trade talks next month, cover products ranging from plastic straws to coffee filters to electric skateboards. The U.S. and China are expected to meet for high-level ...
01:12, 09/21/2019

Walmart to stop selling all e-cigarettes, citing ‘regulatory complexity and uncertainty’ The retail giant’s announcement follows a rising number of vaping-related deaths and illnesses across the country. Walmart earlier this year phased out the sale of fruit- and dessert-flavored e-cigare...
01:12, 09/21/2019

5 Key Effects On Businesses After Government's Big Move On Corporate Tax The centre's move today to reduce corporate tax on domestic companies had an immediate effect on the markets, with the S&P BSE Sensex surging over 2,100 points and the NSE Nifty climbing above the......
22:01, 09/20/2019

India Inc Welcomes Government's Corporate Tax Announcements The government will bear a massive Rs 1.45 lakh crore per year to support its move to reduce corporate tax. The new tax structure is effective from April 1, 2019....
22:01, 09/20/2019

Fuel Rates Hiked Across Metros, Check Petrol, Diesel Rates Here State-run oil marketing companies review the domestic fuel prices on a daily basis and any revisions are implemented at the fuel stations with effect from 6 am....
22:01, 09/20/2019

Rupee Rises By 40 Paise To Settle At 70.94 Against Dollar: 10 Points The rupee settled 40 paise higher against the dollar on Friday. The local currency opened on a strong note at 71.19 and shuttled between a high of 70.68 and a low of 71.19 during the day. The domestic...
22:01, 09/20/2019

GDP Growth Expected To Be Better In September Quarter: Shaktikanta Das He said for the first quarter, the RBI analysis showed growth to be at 5.8 per cent and all the surveys it did also projected growth to be in the range of 5.5-5.8 per cent but the final print was much...
22:01, 09/20/2019

Banks' Credit Must Grow 12% To Meet $5 Trillion Economy Target: SBI PSBs are under pressure to meet the capital adequacy requirements under Basel III and looking at the government support for capital, SBI Deputy MD said....
22:01, 09/20/2019

Here's Everything You Need To Know About JioFiber Monthly Plans Each of the six JioFiber packs comes with features including free voice calls across the country, TV video calling and gaming services, according to Reliance Jio....
22:01, 09/20/2019

Lenders of IL&FS ''Amber'' Companies Refuse Green Light In the case of another 'amber' entity, ITNL Road Infrastructure Development Company (IRIDCL), the settlement agreement contemplates settlement amount namely Rs 144.08 crore from the concessioning......
22:01, 09/20/2019

The Little Law That Made the Internet a Free for All In 1996, when the internet was still unexplored territory for most Americans, the U.S. Congress passed a telecommunications law that included a provision its supporters meant to protect free speech on...
19:48, 09/20/2019

Trump says he doesn’t need a U.S.-China trade deal before 2020 election The exclusions, published ahead of trade talks next month, cover products ranging from plastic straws to coffee filters to electric skateboards. The U.S. and China are expected to meet for high-level ...
19:48, 09/20/2019

No-deal Brexit would force Japanese investors to reassess 40-year bet on UK Japanese companies and investors would be forced to reassess their four-decade bet on the United Kingdom if there is a disorderly exit from the European Union that shattered supply chains and cut off ...
18:48, 09/20/2019

Taiwanese businesses look to India as alternative to China Taiwan is pitching India as a potential business destination to its tech, auto, renewable energy and farm sector firms as the United States' trade war with China has pushed its companies to look for n...
18:48, 09/20/2019

Undeterred, Facebook to press on with Libra launch next year: executive Facebook still aims to launch its Libra digital currency next year, its executive overseeing the project told Swiss newspaper NZZ, as the company presses ahead despite authorities around the world pou...
18:48, 09/20/2019

Commerzbank aims to cut jobs, branches after Deutsche merger fails Commerzbank said on Friday it wanted to shed thousands of staff and close a fifth of its branches in a strategy overhaul, after the German lender's attempt to merge with Deutsche Bank failed....
18:48, 09/20/2019

Ryanair UK pilots cancel this month's strikes Ryanair pilots based in the United Kingdom have canceled five days of strikes set for this month, as unions and the low-cost airline gear up for further talks....
18:48, 09/20/2019

Stimulus supports stocks, oil heads higher An index of global stock markets edged higher on Friday as stimulus measures by major central banks eased worries about growth, especially in Asian markets, while oil headed for its best week since Ja...
18:48, 09/20/2019

Trump: U.S. making a lot of progress with China President Donald Trump told reporters on Friday the United States is making a lot of progress with China, as two of the world's biggest economies work toward resolving their protracted trade dispute....
18:48, 09/20/2019

Fed's Rosengren flags risks to economy in WeWork-style model The rise in co-working spaces like those offered by WeWork may be a source of financial instability that could make the next U.S. recession worse by sparking a run on commercial real estate, Boston Fe...
18:48, 09/20/2019

Saudi Aramco sees full oil production from attacked sites by end September Saudi state oil company Aramco said it will bring back by end September full crude output at Abqaiq and Khurais, the two oil facilities damaged by attacks last weekend that U.S. officials have blamed ...
18:48, 09/20/2019

Fed's Clarida hails strong U.S. consumer but says risks remain The U.S. consumer sector is in excellent shape but risks to the economic outlook mean that the Federal Reserve will decide the course of interest rates from one meeting to the next, Fed Vice Chair Ric...
18:48, 09/20/2019

Fedspeak in three voices, from recession to bubbles to 'in a good place' After delivering a split-decision rate cut earlier this week, U.S. Federal Reserve officials put their divisions over the state of the economy and what should be done about it on full display Friday w...
18:48, 09/20/2019

Factbox: Traders in trouble - how does Mitsubishi's loss stack up? Mitsubishi Corp said on Friday a trader at its Singapore-based unit had lost $320 million through unauthorized transactions in crude oil derivatives, and the matter had been reported to the police....
18:48, 09/20/2019

Mitsubishi says Singapore-based oil trader lost $320 million in unauthorized trades Mitsubishi Corp , Japan's biggest trading house by revenue, said on Friday a trader at its Singapore-based unit has lost $320 million through unauthorized transactions in crude oil derivatives, and th...
18:48, 09/20/2019

Wall Street gains on stimulus cues, U.S.-China trade progress U.S. stocks ticked higher on Friday, as cues of easing monetary policy around the globe and signs of further co-operation on Sino-U.S. trade talks kept the S&P 500 within 1% of a record high....
18:48, 09/20/2019

Uber awaits renewal decision on vital London license, just five days before expiry Uber is still waiting to see whether its license in London, which expires on Wednesday, will be renewed as the regulator, which previously stripped the taxi app of its right to operate in the city, r...
18:48, 09/20/2019

No crowds as Apple's iPhone 11 hits stores in China Apple's latest iPhone 11 range hit stores in China on Friday, with short queues of die-hard fans contrasting with the hundreds who camped out ahead of some previous launches....
18:48, 09/20/2019

Oil heads for weekly gain of more than 7% after Saudi attacks Oil prices rose about 1% on Friday, with Brent set for its biggest weekly gain since January, lifted by rising Middle East tensions and supply concerns after an attack on Saudi Arabia's energy industr...
18:48, 09/20/2019

U.S. lifts tariffs on 400 Chinese products, Trump cites trade progress U.S. President Donald Trump said his administration was "making a lot of progress" with China on Friday, as deputy-level trade talks continued for a second day and Washington lifted tariffs on over 40...
18:48, 09/20/2019

Los Angeles Dodgers Add Two Entrepreneurs to Ownership Team The Los Angeles Dodgers added Alan Smolinisky and Robert Plummer to the team’s ownership group, whose members include financial-management executive Mark Walter and basketball legend Magic Johnson, pe...
17:38, 09/20/2019

Market Calling the Clock On Tech Unicorns The clock appears to be ticking on the days in which technology companies losing billions of dollars are valued at tens of billions in the public market. That realization may be forcing the hand of to...
17:38, 09/20/2019

Two Fed Officials Explain Why They Dissented at FOMC Meeting Two of three Fed officials who opposed this week’s central bank rate cut explained why they disagree with the path their colleagues are now following....
17:38, 09/20/2019

Powell's Subtle Messaging to Trump on Trade Fight Fed Chairman Jerome Powell’s press conference this week carried a subtle message for President Trump: If you’re worried about an economic slowdown, find a way to cool down the trade war....
17:38, 09/20/2019

Nintendo Seeks to Sustain Switch Sales With Stripped-Down Console Nintendo introduced a stripped-down Switch console, meant to keep up the line’s momentum in its third holiday season, as the videogame maker seeks to widen the Nintendo brand’s global presence....
17:38, 09/20/2019

Market for Illicit Vaping Products Flourishes Online As concerns about the health hazards of vaping mount, a market for cannabis-vaping products and the tools to create counterfeits is thriving online on big tech platforms like Amazon and Facebook....
17:38, 09/20/2019

DealBook Briefing: The Debate Over Profits vs. Public Interest Continues Many C.E.O.s say they’ll focus on helping their communities. Others say they’re sticking with profits. It shows that Corporate America has more thinking to do....
17:37, 09/20/2019

DealBook Briefing: Is Saudi Arabia Twisting Arms to Help Aramco’s I.P.O.? The government is reportedly putting pressure on some of the country’s richest families to invest in Aramco’s forthcoming stock sale, the FT reports....
17:37, 09/20/2019

Funny or Die Finds New Life in the Streaming Era The company, which began as a comedy website, has branched out to podcasts and feature films, including “Between Two Ferns: The Movie,” which debuts on Netflix on Friday....
17:37, 09/20/2019

Engineers Sprint Ahead, but Don’t Underestimate the Poets Technical skills taught in college have a short shelf life, while a liberal arts education prepares graduates for jobs that haven’t been invented yet....
17:37, 09/20/2019

Colt to Suspend Production of AR-15 Rifles for Consumers The gun manufacturer said the market had an adequate supply of sporting rifles and it would focus on its military and law enforcement contracts instead....
17:37, 09/20/2019

Royal Bank of Scotland names Alison Rose as new boss The Royal Bank of Scotland has named Alison Rose as its new chief executive, making her the first woman to head one of Britain's biggest high street lenders....
16:24, 09/20/2019

No-deal Brexit vital freight carriers shortlisted Eight sea, rail and air freight companies have been shortlisted for government contracts to transport critical goods, including vital medical supplies in the event of a no-deal Brexit....
16:24, 09/20/2019

Thomas Cook races to secure extra £200m - what happens for holidaymakers? Concerned Thomas Cook customers have been bombarding the troubled tour operator with queries about the fate of their holiday plans as the firm scrambles to survive....
16:24, 09/20/2019

Here's what every major Wall Street economist thinks the Federal Reserve will do today Wall Street economists think the Fed will cut rates by 25 basis points at its September meeting but have differing views about what will happen in the future....
16:03, 09/20/2019

Chip stocks brush off trade war and rally to near record highs as investors bet on 5G Semiconductor companies, especially those that sell heavily to China, have faced major headwinds this year. But investors are betting on a big payoff in 2020....
16:03, 09/20/2019

Federal prosecutors, regulators broaden market manipulation probe beyond precious metals trades Federal prosecutors and commodity regulators have broadened their investigation into spoofing activity after receiving information from traders questioned for spoofing-related charges....
16:03, 09/20/2019

Light Street's Glen Kacher says there's profitability in sight for Uber and Lyft Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for profitability for th...
16:03, 09/20/2019

Nelson Peltz explains Trian's 'big mistake' on GE and why he's sticking by the stock Trian Partners co-founder and CEO Nelson Peltz explained to CNBC on Thursday the backstory to his firm's position in struggling General Electric....
16:03, 09/20/2019

Colt Says Its Decision to Stop Making AR-15 Rifles for Civilians Is Driven by Customers. Experts Aren’t So Sure Colt will stop producing AR-15 rifles for consumers, the Connecticut-based gunmaker announced Thursday. In a statement, Colt’s CEO Dennis Veilleux said the decision to suspend production was ent...
16:00, 09/20/2019

Sensexs Clocks Best Day In 10 Years After Corporate Tax Cut: Highlights LIVE market updates (Sensex, Nifty today): The S&P BSE Sensex index soared as much as 1,955.46 points during the session to touch 38,048.93 - its highest intraday level recorded since July 25. The......
14:12, 09/20/2019

India Still A Good Investment Story, Says Asset Management Giant Aberdeen International money managers have sold $4.7 billion of the nation's shares since June, with quarterly outflows on course for the biggest since at least 1999....
14:12, 09/20/2019

Corporate Tax Cut To 25.2% To Spur Growth, Markets Celebrate: 10 Points The centre today reduced corporate tax on domestic firms in a bid to boost the sluggish economy, hurt by slowing demand across sectors, especially manufacturing that is among the highest contributors....
14:12, 09/20/2019

Sensex Zooms 2,200 Points, Nifty Tops 11,350 After Corporate Tax Cut Domestic stock markets skyrocketed on Friday with the Sensex index soaring 2,284.55 points in its biggest intraday gain in more than a decade, after Finance Minister Nirmala Sitharaman announced a cut...
14:12, 09/20/2019

In Corporate Tax Rate Cut, A 1.4 Lakh Crore Boost To Promote Growth India cut tax on local businesses to one of the lowest rates in Asia, while providing a more than $20 billion boost to revive economic growth from a six-year low....
14:12, 09/20/2019

How Experts See Corporate Tax Rate Cut - Early Reactions Finance Minister Nirmala Sitharaman told a news conference that the effective corporate tax rate will be lowered to around 25 per cent from 30 per cent, which she said would be on par with Asian......
14:12, 09/20/2019

Government's Big Move On Corporate Tax: What It Means - 5 Points The centre's move today to reduce corporate tax on domestic companies had an immediate effect on the markets, with the S&P BSE Sensex surging over 2,100 points and the NSE Nifty climbing above the......
14:12, 09/20/2019

Rupee Gains By 65 Paise Against Dollar After Corporate Tax Cut: 10 Points The rupee gained by as much as 65 paise against the US dollar on Friday, after the government announced its decision to lower the corporate tax rate on domestic firms and new manufacturers. After......
14:12, 09/20/2019

What Experts Say On Government's Big Tax Relief To Companies Ms Sitharaman said that the effective corporate tax rate will be lowered to 25.2 per cent from 30 per cent, which she said would be at par with Asian peers....
14:12, 09/20/2019

Sensex Clocks Biggest Single-Day Gain In Over A Decade: 10 Things To Know Domestic stock markets skyrocketed on Friday with the Sensex index clocking its biggest single-day gain in more than a decade, after Finance Minister Nirmala Sitharaman announced a cut in corporate......
14:12, 09/20/2019

Rating Firm S&P Global Says Corporate Tax Cuts 'Credit Negative' The government slashed corporate taxes on Friday, giving a surprise $20.5 billion break aimed at reviving private investment and lifting growth from a six-year low that has caused job losses and......
14:12, 09/20/2019

Asian insurer FWD is expanding aggressively in Asia Over the past six years, insurer FWD Group has spent $6 billion to buy over firms in Asia. This has established the company's presence in Hong Kong, Macau, Singapore, Japan, Thailand, Indonesia, ...
12:12, 09/20/2019

McLaren Racing ready to be 'flexible and adaptable' to Brexit and other challenges, says CEO The chief of Britain's McLaren Racing told CNBC he's "confident" that the team will react to any changes that could come its way as the Brexit deadline of October 31 approaches....
12:12, 09/20/2019

What it means for holidaymakers if Thomas Cook goes under? Concerned Thomas Cook customers have been bombarding the troubled tour operator with queries about the fate of their holiday plans as the firm scrambles to survive....
11:24, 09/20/2019

Factbox: Tariffs in place or planned for nearly all goods traded by U.S. and China U.S. and Chinese trade negotiators are meeting in Washington this week to find ways to defuse a trade war that has roiled markets and triggered tit-for-tat tariffs on hundreds of billions of goods tra...
09:12, 09/20/2019

Economy hopes support shares, oil edges up on Mideast tensions Asian share prices inched higher on Friday as economic stimulus around the world eased fears over slowing growth, while crude oil prices climbed on concerns that last weekend's attacks on Saudi Arabia...
09:12, 09/20/2019

Exclusive: Venezuela opposition eyes U.N. asset protection as option to save Citgo Venezuela's opposition is preparing to seek an asset protection program from the United Nations to prevent creditors from seizing the country's crown jewel overseas asset, U.S. refiner Citgo, a lawmak...
09:12, 09/20/2019

FAA waiting for more software details before 737 MAX can return to service Boeing Co still has a series of steps to complete before the 737 MAX can return to service, including submitting a pre-production version of a software update, Federal Aviation Administration chief S...
09:12, 09/20/2019

Cloud and clear: Tencent draws on gaming tech to lift B2B cloud ambitions Tech giant Tencent Holdings Ltd plans to leverage its strengths in video games and social media to grab market share in China's burgeoning cloud computing sector from incumbent Alibaba, the head of i...
09:12, 09/20/2019

Explainer: Abe, Trump head for trade deal; auto tariffs a sticking point U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe are expected to clinch a deal on farm tariffs and digital trade when they meet in New York next week....
09:12, 09/20/2019

China sovereign fund CIC says cautious of U.S. investment amid trade war China Investment Corp (CIC) on Friday said the Sino-U.S. trade war has made it more cautious about investing in the United States, after the Chinese sovereign wealth fund posted a dive in yearly profi...
09:12, 09/20/2019

UK's Thomas Cook hunts for $250 million to fend off collapse Britain's Thomas Cook said its banks had ordered the company to find an additional 200 million pounds ($251 million) of funding in order to guarantee the survival of the world's oldest holiday compan...
09:12, 09/20/2019

Alison Rose gets top job at RBS, first woman to lead major UK lender Royal Bank of Scotland named Alison Rose as its new chief executive on Friday, becoming the first major British lender to appoint a woman to its top job....
09:12, 09/20/2019

Surging Ethane Demand to Trigger Big Gas-Carrier Orders Ship owners are likely to order up to 40 large ethane carriers over the next 12 months as demand for the gas widely used in the petrochemical industry to make plastics and detergents steadily rises....
04:36, 09/20/2019

Huawei Launches First Smartphone Without Google's Key Apps Huawei unveiled its first smartphone devoid of Google’s most popular apps, a byproduct of the U.S.-China trade dispute that could complicate the Chinese tech giant’s efforts to stoke demand for its pr...
04:36, 09/20/2019

Amazon to Add 100,000 Electric Vehicles as Part of Climate Pledge Amazon.com plans to buy 100,000 electric delivery vehicles as it seeks to reduce its carbon emissions in the face of criticism of its environmental impact....
04:36, 09/20/2019

Bank of Japan Hints at Possible Action in October The Bank of Japan left policy unchanged but hinted at possible action at its next meeting, saying it believes momentum toward achieving its inflation target may be falling short....
04:36, 09/20/2019

Home Sales Inch Up, Raising Hopes That Slump Is Easing August was the strongest month for sales of U.S. homes in nearly a year and a half, sparking fresh hope that a protracted slump in the housing market may finally be starting to reverse....
04:36, 09/20/2019

PG&E Bondholders Ally With Wildfire Victims to Propose New Bankruptcy Exit Plan Court papers filed by a group of PG&E bondholders, including Elliott Management and by the official committee representing fire victims, asked for the green light to put a chapter 11 plan on the table...
04:36, 09/20/2019

You Can Update Your iPhone to iOS 13 Today but You Probably Shouldn't Apple’s newest update for iPhones has neat features like Dark Mode and Sign in with Apple, but it’s also a bit buggy. Our columnist suggests waiting a week before downloading....
04:36, 09/20/2019

Zuckerberg Meets With Trump, Faces Tough Questions from Senators With his company under a regulatory spotlight, Facebook’s Mark Zuckerberg scored a meeting at the White House Thursday—but faced a chillier reception from lawmakers on Capitol Hill....
04:36, 09/20/2019

Behind the GM-UAW Strike: Two Combatants With Something to Prove GM wants to show Wall Street it is more assertive than the company that collapsed into bankruptcy a decade ago. The union is confronting membership declines, a federal corruption investigation and dis...
04:36, 09/20/2019

Purdue Led Its Opioid Rivals in Pills More Prone to Abuse When taking into account the dosage strength of each pill, Purdue Pharma’s OxyContin represented a market-leading 27% of total oxycodone sold during a seven-year period reviewed by The Wall Street Jou...
04:36, 09/20/2019

American Airlines canceled more flights than any US carrier in July: 'It was a tough summer for us' American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dispute with its mechanics....
03:02, 09/20/2019

Why Jim Cramer thinks it's time to sell some of your oil stocks "After a major supply shock failed to move the forward curve, we simply can't expect the oil companies to be aggressive long-term," Jim Cramer says....
03:02, 09/20/2019

Everything Jim Cramer said on 'Mad Money,' including Costco downgrade, Expedia CEO, Chipotle, oil Jim Cramer explains why he disagrees with Bernstein's downgrade of Costco, why Chipotle's stock will win 2019 and what investors should do with oil stocks....
03:02, 09/20/2019

Jim Cramer says Bernstein's downgrade on Costco creates a buying opportunity "Costco is a best-of-breed retailer that has repeatedly reinvented itself, and if they need to reinvent themselves again, that's exactly what they'll do," the "Mad Money" host says....
03:02, 09/20/2019

Counting the Toll of U.K.’s Costliest Banking Scandal It was the costliest scandal in the history of British banking: the mis-selling of payment protection insurance, or PPI, to tens of millions of borrowers who didn’t want it, didn’t understand what the...
03:02, 09/20/2019

The Repo Market’s a Mess. (What’s the Repo Market?) When plumbing works well, you don’t need to think about it. That’s usually the case with a vital but obscure part of the financial system known as the repo market, where vast amounts of cash and colla...
03:02, 09/20/2019

Privacy advocates worry that consumer license plate readers are creating a nosier neighborhood watch License plate scanners were once a law enforcement tool. Now, private citizens have access to this powerful surveillance technology through new starts ups like Flock Safety. But privacy advocates say ...
03:02, 09/20/2019

Facebook’s Mark Zuckerberg seeks to reassure wary lawmakers about Libra, elections in rare D.C. trip Facebook chief executive Mark Zuckerberg pledged in a private meeting with lawmakers that the company would not launch its controversial digital currency, called Libra, anywhere in the world until it ...
03:02, 09/20/2019

Navient memo raises questions about its student loan servicing practices Student advocates say the document shows the company intentionally steered borrowers into high-cost repayment options, but Navient says it shows exactly the opposite....
03:02, 09/20/2019

Overstock’s former CEO sells off his $90M stake, saying he’s worried about ‘Deep State’ Patrick Byrne abruptly quit the company last month after saying he'd been involved in multiple FBI investigations and had romanced Maria Butina — a Russian national later convicted of trying to influe...
03:02, 09/20/2019

HUD Secretary Ben Carson makes dismissive comments about transgender people, angering agency staff During his visit to San Francisco this week, the Housing and Urban Development Secretary also lamented that society no longer seemed to know the difference between men and women, according to three pe...
03:02, 09/20/2019

Amazon CEO Jeff Bezos announces ‘Climate Pledge’ ahead of employee protests It would require companies to implement decarbonization strategies in line with the Paris agreement and calls on signatories to be at net zero carbon across their businesses by 2040....
03:02, 09/20/2019

An ex-lobbyist is Trump’s pick for labor secretary. Democrats found anti-gay op-eds he wrote in college. At his confirmation hearing, Eugene Scalia, son of the late Supreme Court justice, faced harsh questioning over his record defending corporations in legal matters against workers and regulators. He wa...
03:02, 09/20/2019

Saudi Arabia’s oil troubles don’t rattle the U.S. as they used to Costs could still climb in the coming weeks if Saudi Arabia doesn’t quickly restore its oil output after a drone attack that is stoking new tensions in the region. But these days the United States isn...
03:02, 09/20/2019

Turkey's steel imports into Europe a 'problem' Turkey's steel imports into Europe are a "greater problem" for the industry than the slowdown in demand from car makers, the boss of Europe's third largest steelmaker has told Sky News....
01:48, 09/20/2019

A new Hollister store is coming to Herald Square in New York as the retailer thinks smaller A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district....
23:00, 09/19/2019

Kobe Bryant isn't surprised by Nike's support of former NFL player Kaepernick NBA All-Star Kobe Bryant said he's not surprised by Nike's support of former NFL quarterback Colin Kaepernick, who has been blackballed by the league following his public protest of police b...
23:00, 09/19/2019

UAW strike threatens Michigan economy, could push state into recession: Moody's, Lending Tree Moody's said the work stoppage, now in its fourth day, poses an "outsized economic threat" to Michigan as well as some local governments such as Detroit....
23:00, 09/19/2019

Romney, Merkley introduce bill that would tax vaping industry and ban flavored e-cigarettes The bill would ban e-cigarette flavors other than tobacco and apply existing cigarette taxes to e-cigarettes, among other measures aimed at curbing teen vaping....
23:00, 09/19/2019

American Airlines cancelled more flights than any US carrier in July: 'It was a tough summer for us' American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dispute with its mechanics....
23:00, 09/19/2019

Billionaire Robert Smith says young people have to appreciate capitalism Billionaire Robert Smith said young Americans need a better understanding and appreciation of capitalism, as wealth and success come under attack on the Democratic campaign trail....
23:00, 09/19/2019

|Themarketispresentingrareopportunitiesforthosewhocanridethestorm-PSG Given the uncertainty investors are currently facing, it's useful to take a step back and re-evaluate the rare opportunity current conditions are presenting, says the CEO at PSG Asset Management....
23:00, 09/19/2019

|HuaweidanglesnearlyR22bninhuntforglobaldevelopers Huawei is offering nearly R22bn to partners willing to build software for its future chip and computing platforms, courting developers worldwide at a time the US is heightening scrutiny of the Chinese...
23:00, 09/19/2019

|Footgeargetsgo-aheadtobuyEdgarsActive The Competition Tribunal has approved a merger which will see Edcon selling the Edgars Active and High Key chain stores to Footgear, in which Old Mutual has a majority stake....
23:00, 09/19/2019

|10-year-oldwirecartelcasesettled,millionsinpenalties After a full decade and several legal challenges – including in the Supreme Court of Appeal – the Competition Tribunal this week approved settlement agreements between the Competition Commission and t...
23:00, 09/19/2019

|ChristoWiese'splanforVirginActiveowner:Getridofbosses,assets South African businessman Christo Wiese is part of a shareholder group proposing investment company Brait SE raise R3 billion in a share sale and dispose of all assets except gym-chain Virgin Active....
23:00, 09/19/2019

|AsEskomasksInterpolforhelp,leaksshedlightonhowGupta-linkedfirmmayhavemovedmillions The Organized Crime and Corruption Reporting Project, a non-profit investigative journalism platform, says leaks show that money earned by Trillian was circulated among 10 foreign shell companies....
23:00, 09/19/2019

|TECHNICALANALYSIS:Wooliesstockbreaksoutaboveimportantresistancelevels Woolworths has been the leading retail stock in recent months on the JSE, and it’s now gone on to break out above important resistance levels. This is bullish and the stock has two higher price target...
23:00, 09/19/2019

|Cabinet:'Fruitful'talksonMboweni'sgrowthplan Minister in the Presidency Jackson Mthembu says Cabinet is considering Treasury's economic policy paper, now that the deadline of public submissions has passed....
23:00, 09/19/2019

|SPECIALREPORT:DowntheGuptas'financialrabbithole The controversial Gupta family is known for making millions from the South African government - including $41m from Eskom, the state energy company. Here’s where the money went....
23:00, 09/19/2019

Thousands of Patients Have Been Sued by Nonprofit Hospitals Over Unpaid Bills. Now They Are Fighting Back Over the past few months, several hospitals have announced major changes to their financial assistance policies, including curtailing the number of lawsuits they file against low-income patients unabl...
22:12, 09/19/2019

Amazon Orders 100,000 Electric Delivery Vans as Part of Efforts To Reduce Emissions (NEW YORK) — Amazon, which delivers more than 10 billion items a year on fuel-guzzling planes, vans and trucks, vowed Thursday to cut the amount of damage it does to the environment and report i...
22:12, 09/19/2019

L3Harris awarded nearly $12.8M for Eglin AN/FPS-85 radar work L3Harris has been awarded a $12.8 million contract for support of the Eglin AN/FPS-85 radar at Eglin Air Force Base in Florida, which is used to conduct space object identification and provide intelli...
20:02, 09/19/2019

Rupee Moves Lower To 71.34 Against Dollar: 5 Things To Know The rupee settled 10 paise lower against the dollar on Thursday. The local currency opened on a strong note at 71.36 and shuttled between a high of 71.06 and a low of 71.37. It finally settled at......
19:12, 09/19/2019

No Stressed MSMEs To Be Declared Bad Loan: Finance Minister At a press conference after meeting PSU bank heads, Finance Minister Nirmala Sitharaman said there already exists a circular from the Reserve Bank that provides for stressed loan accounts of MSMEs not...
19:12, 09/19/2019

Thomas Cook plots emergency fire-sale to avert collapse Thomas Cook Group is scrambling to stitch together a last-ditch fire-sale in a bid to stave off collapse and avert the biggest-ever peacetime repatriation of British citizens....
18:48, 09/19/2019

Warren Probes Apollo and KKR on Backing For-Profit Colleges Elizabeth Warren is demanding answers from private-equity firms about their investments in for-profit colleges, the latest push by a high-profile Washington lawmaker to investigate how buyout firms af...
18:00, 09/19/2019

Fed Cuts Rates by Quarter Point but Faces Growing Split The Fed voted to cut interest rates by a quarter-percentage point for the second time in as many months to cushion the economy against a global slowdown amplified by the U.S.-China trade war. But the ...
18:00, 09/19/2019

Fed Chairman Powell Masters the Art of Saying Nothing By refusing to elaborate on what the Fed will do next, Chairman Jerome Powell leaves less room for misinterpretation and forces the market to think for itself....
18:00, 09/19/2019

AT&T Examines Split With DirecTV AT&T is exploring parting with its DirecTV unit, people familiar with the matter said, a move that would mark a sharp course correction in strategy for the phone giant....
18:00, 09/19/2019

Amazon CEO Jeff Bezos announces new ‘Climate Pledge’ ahead of employee protests The pledge would require companies to implement decarbonization strategies in line with the Paris agreement and calls on signatories to be at net zero carbon across their businesses by 2040....
18:00, 09/19/2019

You watch TV; it watches back: How smart TVs track what’s on our screens In our latest privacy experiment, we examined how four of the most popular TV brands record what we watch. And they’re doing it because, legally speaking, tens of millions of us gave our permission....
18:00, 09/19/2019

More states are trying to protect black employees who want to wear natural hairstyles at work In 2017, at a gala luncheon hosted at the opulent Cipriani 42nd Street in New York, Minda Harts found herself seated next to a recruiter for corporate board positions. Over cocktails and a plated fish...
16:48, 09/19/2019

£3bn needed for farming to tackle climate change and protect nature UK farming needs billions of pounds from central government if commitments to tackle climate change and protect the natural environment are to be met....
16:00, 09/19/2019

Nifty Closes At Lowest Level In Seven Months: Highlights Stock Market LIVE (Sensex, Nifty today): The S&P BSE Sensex index fell as much as 576.08 points to touch 35,987.80 in afternoon, its lowest intraday level recorded since March 5. The broader NSE Nifty...
14:49, 09/19/2019

US Central Bank Cuts Interest Rates, Signals Holding Pattern For Now Federal Reserve Chairman Jerome Powell said the rate cut was designed "to provide insurance against ongoing risks" including weak global growth and resurgent trade tensions. The Fed also cut rates in....
14:49, 09/19/2019

Petrol, Diesel Prices Hiked For Third Straight Day. Check Rates Here Petrol, diesel prices today: Oil marketing companies such as state-run Indian Oil Corporation currently review the fuel prices on a daily basis, and any revisions are implemented at the fuel stations....
14:49, 09/19/2019

No Rise In Mukesh Ambani's Stake In Company, Says Reliance Industries The clarification comes as reports suggested that Mukesh Ambani increased his stake in RIL after Reliance Services and Holdings, an Ambani firm, acquired 17.18 crore equity shares, or 2.71 per cent......
14:49, 09/19/2019

SBI Now Pays These Interest Rates On Fixed Deposits Up To Rs 2 Crore State Bank of India (SBI) interest rates: The country's largest bank currently pays interest at the rates of 4.50-6.50 per cent on fixed deposits up to Rs 2 crore to the public, and 5-7 per cent to......
14:49, 09/19/2019

How To Transfer PF Balance With Previous Employer To New Employer Employees' Provident Fund Organization or EPFO, the nodal agency that monitors Employees' Provident Fund contributions, allows the subscriber - or employees of an organisation of 20 or more......
14:49, 09/19/2019

Government Approves 8.65% Interest Rate On Provident Fund For 2018-19 The government has approved 8.65 per cent interest rate on employees' provident fund (EPF) for 2018-19, reported news agency Press Trust of India (PTI) quoting a source. The interest amount will now.....
14:49, 09/19/2019

Buick Name Is Erased From Buicks as Sales Slip for Century-Old Marque Since 2010, Buick dealers’ lots have been filled with a mélange of G.M.-owned vehicles borrowed from Opel, Holden, Daewoo and others, with a Buick badge affixed....
12:48, 09/19/2019

Fukushima Nuclear Disaster Trial Ends With Acquittals of 3 Executives The verdict makes it likely that no one will be held criminally responsible for the 2011 meltdown in Japan, which caused damage that could linger for generations....
12:48, 09/19/2019

Jack Conte, Patreon, and the Plight of the Creative Class The DIY musician's crowdfunding platform set out to provide a livelihood for artists on the internet. Is it more than just a band-aid for a broken system?...
12:00, 09/19/2019

Why It’s Another Bad Year for Indonesia Forest Fires An annual nuisance, stinging smoke from massive wildfires is blanketing parts of Indonesia, Malaysia and Singapore this year on a greater than usual scale. Most of the blazes result from illegal slash...
10:00, 09/19/2019

Trump says the Fed should have acted faster but today’s action is fine President Donald Trump said the Federal Reserve's decision on Wednesday to lower interest rates was "fine" but the central bank should have acted sooner....
09:36, 09/19/2019

Fed pumps more cash as key rate breaks above target The Federal Reserve injected another $75 billion into the U.S. banking system on Wednesday, restoring a measure of order after a bout of extreme volatility inside the bank funding market drove the cen...
09:36, 09/19/2019

Fed makes small changes to control policy rate, hints at more to come The Federal Reserve on Wednesday made only minor changes to help it better manage its benchmark interest rate after the U.S. central bank briefly lost control of it earlier in the week....
09:36, 09/19/2019

Fed cuts interest rates, signals holding pattern for now The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher bar to further reductions in borrowing costs, eliciting a fast and...
09:36, 09/19/2019

Airbnb says second-quarter revenue topped $1 billion Airbnb Inc took in more than $1 billion in revenue for the second quarter of 2019, the second time it exceeded that level in its decade-plus history, the home rentals company said in a statement on We...
09:36, 09/19/2019

U.S. bankers seize on repo-market stress to push for softer liquidity rules Big U.S. banks are using the recent chaos in short-term funding markets as an opportunity to pressure the Federal Reserve to ease liquidity requirements they have long despised....
09:36, 09/19/2019

Pennsylvania joins states opposed to merger of T-Mobile, Sprint Pennsylvania is joining more than a dozen states that have filed a lawsuit aimed at stopping T-Mobile US's $26 billion purchase of Sprint, New York Attorney General Letitia James said in a statement o...
09:36, 09/19/2019

Purdue Pharma seeks to halt opioid suits against company, Sacklers OxyContin maker Purdue Pharma LP on Wednesday asked a U.S. bankruptcy judge to halt for roughly nine months more than 2,600 lawsuits alleging the company and its controlling Sackler family helped fuel...
09:36, 09/19/2019

U.S. travel industry urges Washington to reauthorize tourism body Brand USA Some 15 executives from companies associated with the tourism industry, such as American Express and Marriott , have urged the U.S. government to renew federal funding of Brand USA, which promotes th...
09:36, 09/19/2019

U.S., Chinese trade deputies face off in Washington amid deep differences U.S. and Chinese deputy trade negotiators were set to resume face-to-face talks on Thursday for the first time in nearly two months as the world's two largest economies try to bridge deep policy diffe...
09:36, 09/19/2019

Exclusive: Deutsche Bank has discussed adding assets to bad bank if sales go well - sources Some senior Deutsche Bank AG officials have discussed the possibility of putting additional problematic assets worth billions of euros into a unit it created earlier this year, if the bank is able to...
09:36, 09/19/2019

Asian shares decline on guarded Fed, yen rises after BOJ holds fire Asian shares extended declines on Thursday after the U.S. Federal Reserve signaled a higher bar to further easings, while the Bank of Japan also held off from offering more stimulus as some had hoped....
09:36, 09/19/2019

Fire and hail push insurers to rethink climate change risks By the time David Kaisel got back from selling his flour at a farmers' market, a wildfire in California's Capay Valley had burned both his tractor and the shipping container where he kept some tools. ...
09:36, 09/19/2019

How Brazil Could Tame Taxes Without Cutting Them Brazil is known for its complex business environment, and its byzantine tax system is a big reason why. According to the World Bank’s Doing Business rankings, Brazil is the world’s seventh-worst place...
08:01, 09/19/2019

Former Executives Acquitted Over Fukushima Nuclear Disaster in Japan Three former leaders of Tokyo Electric Power Company had been charged with criminal negligence over their roles in the meltdown at the plant in 2011....
07:36, 09/19/2019

Why the ECB Is Stuffing Free Money Into Bank Pockets Again The European Central Bank is throwing every tool it has at the sluggish euro zone economy. Starting on Sept. 19, it’s making a generous funding offer to lenders in the region, returning to an approach...
06:48, 09/19/2019

Lawyer who built Humana into a health insurance giant dies at 88 Jones turned a $1,000 investment into America’s largest nursing-home chain, then made it a hospital giant and finally a $37 billion health insurance corporation....
06:48, 09/19/2019

Consumer Bureau’s Complaints Database Is ‘Here to Stay,’ Director Says Consumer advocates and industry groups had a rare moment of alignment over the future of the publicly available record of complaints brought to the Consumer Financial Protection Bureau....
06:48, 09/19/2019

Trump Says Cutting Regulations Is Good for Business. But His New Battle on Car Emission Standards Could Hurt the Auto Industry President Donald Trump says his latest move to roll back California’s state-level car regulations is going to make cars cheaper and help automakers. But car companies say they don’t want l...
05:36, 09/19/2019

Apple Communications Chief to Leave Company Apple said its head of communications is leaving the company, the latest of several senior executive departures this year as the tech giant reorients its business amid flagging iPhone sales....
04:36, 09/19/2019

Zuckerberg Heads to Capitol Hill to Push His Version of Web Regulation Facebook Inc. CEO Mark Zuckerberg will pitch to lawmakers his moderate vision for internet regulation and seeking to placate lawmakers who are weighing tougher moves....
04:36, 09/19/2019

U.S. Housing Starts Rose Significantly in August Home building in the U.S. increased in August to the highest level since June 2007, a positive note for the housing industry in a year marked by lagging home sales and sluggish single-family construct...
04:36, 09/19/2019

GM Workers---Some With No Strike Experience---Gird for Longer Walkout The first strike called by the United Auto Workers against General Motors Co. in more than a decade lasted a third day, and many on the picket line Wednesday—including some hired since the last stoppa...
04:36, 09/19/2019

Comcast Cuts Price of Its Streaming Hardware From $5 a Month to $0 Comcast is making its streaming device available free of charge to its internet-only customers, in an effort to capitalize on its expanding broadband customer base as the battle for streaming customer...
04:36, 09/19/2019

AT&T Considering Split With DirecTV AT&T is exploring parting with its DirecTV unit, people familiar with the matter said, a move that would mark a mark a sharp course correction in strategy for the phone giant....
04:36, 09/19/2019

There's at least one movie that fans and celebrities don't want remade: 'The Princess Bride' Fans of "The Princess Bride" are screaming "Inconceivable!" after Sony Pictures' CEO said "very famous people" want to remake the beloved 1987 film....
04:36, 09/19/2019

Amid terrorism talk, bail denied in aircraft sabotage case A federal judge cited new evidence of potential terrorism sympathies Wednesday in denying bail for a longtime mechanic charged with sabotaging an American Airlines jetliner that prosecutors say could ...
04:36, 09/19/2019

Banks rallied on a Fed cut, and that's a 'very positive' sign, Jim Cramer says Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says....
04:36, 09/19/2019

Everything Jim Cramer said on 'Mad Money,' including Fed rate cut, Agco CEO on tariffs, and FedEx Jim Cramer reveals a bright spot in Wall Street's reaction to the Fed's move to cut interest rates and chats with CEOs of Cronos, Agco and Tech Data....
04:36, 09/19/2019

$11.4M Boeing contract calls for SLAM-ER missile development for Saudi Arabia Boeing Co. received an $11.4 million contract for work on the Stand-Off Land Attack Missile for Saudi Arabia, the U.S. Navy announced, more than a year after it redesigned and restarted production on ...
02:26, 09/19/2019

U.S. Transportation Command holds 28-ship sealift readiness exercise The U.S. Transportation Command began an activation of its Ready Reserve Force to test its ability to quickly deploy cargo ships used in troop movement....
02:26, 09/19/2019

Senate committee approves secretary nominees for Air Force, Navy The Senate Armed Services Committee approved President Donald Trump's nominees for Air Force and Army secretary, sending nominees Barbara Barrett and Ryan McCarthy on Wednesday to the full Senate for ...
02:26, 09/19/2019

‘Workers Are Tired and Frustrated and Angry.’ Uneven Economic Growth Fuels Walkouts Like the GM Strike The labor movement has long been struggling in the U.S., as fewer workers join unions and as high-profile organizing drives, like a June attempt to unionize Volkswagen employees in Tennessee, fall sho...
01:13, 09/19/2019

Why Trump Attacks California’s Anti-Pollution Powers When U.S. President Richard Nixon signed the Clean Air Act in 1970, he recognized a simple truth about his home state of California: Tens of millions of people driving around constantly in a desert ge...
00:12, 09/19/2019

Why Tensions Between the U.S. and Iran Fuel Fears of War Though the U.S. and Iran have lived in a state of hostility for decades, rarely have relations been as tense as in recent months. The U.S. is trying to deprive Iran of oil revenue, the lifeblood of it...
00:12, 09/19/2019

Facebook, Google and Twitter face fresh heat from Congress on harmful online content The continued struggles of Facebook, Google and Twitter to stop the spread of hate speech, disinformation and other harmful content online has sparked heightened interest on Capitol Hill, where lawmak...
00:12, 09/19/2019

Facebook CEO Mark Zuckerberg pays rare D.C. visit to meet with lawmakers Facebook chief executive Mark Zuckerberg is paying a rare visit to Washington this week, meeting with members of Congress to discuss the "future of Internet regulation."...
00:12, 09/19/2019

GM drops workers’ health care during strike, a sign UAW impasse could drag on "While on strike, some benefits shift to being funded by the union’s strike fund, and in this case hourly employees are eligible for union-paid COBRA so their health care benefits can continue,” GM sa...
00:12, 09/19/2019

Purdue Pharma’s bankruptcy plan includes special protection for the Sackler family fortune Purdue has said it will ask the bankruptcy judge to take the unusual step of halting more than two dozen lawsuits by state attorneys general against the Sackler family, which Forbes estimates is one o...
00:12, 09/19/2019

Federal Reserve makes small interest rate cut. Trump slams central bank for having ‘no guts.’ The U.S. benchmark interest rate is now just shy of 2 percent, down from about 2.25 percent. The move was widely expected and falls well short of Trump’s call for a “big” cut....
00:12, 09/19/2019

Trump HUD appointee’s Twitter ‘likes’ violated federal law. She will not be punished. The special counsel’s office concluded that while Patton violated the law by “unwittingly displaying a campaign hat in her office and ‘liking’ partisan political tweets on her official Twitter account...
00:12, 09/19/2019

Military spent $184,000 at Trump’s Scotland resort, according to documents released by Democrats The House Oversight Committee is investigating whether Trump has violated a constitutional provision that prevents presidents enriching themselves through the office....
00:12, 09/19/2019

GM drops workers’ health care during strike, a sign impasse could drag on The United Auto Workers, which represents the roughly 49,000 workers who have walked out, released an internal letter that said it had been given notice that the company had stopped health-care benefi...
00:12, 09/19/2019

Pentagon has warned of dire outcomes if projects canceled for border wall don’t happen U.S. service members have worked in unsafe and hazardous conditions at defunded buildings for years, according to military budget requests sent to Congress in recent years....
00:12, 09/19/2019

Boost for UK car industry as 4x4 maker to create hundreds of jobs The UK's Brexit-hit car industry is to set for a major boost, with hundreds of jobs to be created to build a new 4x4 in a town due to be abandoned by Ford....
22:36, 09/18/2019

BT urges switch-off date for copper broadband service BT Group and its broadband infrastructure rivals are in secret talks with the government about a timetable for switching off copper broadband services that would echo the end of the analogue TV signal...
22:36, 09/18/2019

Trump: Administration Revoking California Emissions Waiver President Trump said the administration is revoking California’s federal waiver for setting its own tailpipe-emissions rules, escalating a fight that has challenged the auto industry....
21:48, 09/18/2019

Creditor Group Dismayed by Cash Burn Wants 'Old Sears' to Liquidate A group of Sears Holdings Corp.’s creditors say the remaining part of the retailer’s estate left behind in bankruptcy is so low on cash that it should be liquidated under chapter 7....
21:48, 09/18/2019

Google, Facebook Cozy Up to Publishers as Regulators Circle Tech giants are making concessions long sought by news publishers whose business has been hurt by the platforms’ dominance, moves some see as an effort to pre-empt potential regulatory backlash....
21:48, 09/18/2019

Among Today's Most Prized Leadership Qualities: Playing Nicely Getting along well with your peers counts for a lot when you vie for the same plum promotion. Your management career may benefit even if you lose the race. Yet it can be hard to cooperate and compete ...
21:48, 09/18/2019

Mortgage Rates Decline Ahead of Fed Meeting Consumers’ borrowing costs have drifted lower since the Federal Reserve cut interest rates in July, fueling a wave of mortgage refinancing and helping to support household spending despite deepening e...
21:48, 09/18/2019

Fed Sees Three Dissents at Meeting for First Time Since 2016 Three Federal Reserve officials voted against the central bank’s decision to cut interest rates by a quarter percentage point, the largest number of formal dissents since Jerome Powell became chairman...
21:48, 09/18/2019

Fed Cuts Rates By Quarter Point, But Faces Growing Split The Federal Reserve cut its short-term benchmark rate by a quarter point to cushion the U.S. economy against global economic headwinds. Officials left the door open for more but were split over the ou...
21:48, 09/18/2019

Missing Paychecks Leave Small Firms Scrambling The FBI is investigating a payroll processor after about $30 million destined for paychecks and related tax payments went missing this month. Roughly 8,000 employees and nearly 400 companies have been...
21:48, 09/18/2019

'This Is Not the Way Everybody Behaves.' How Adam Neumann's Over-the-Top Style Built WeWork. His entrepreneurial vision and risk-taking, plus tequila and marijuana, helped fuel We Co.’s breakneck growth. Those qualities are piling up as potential liabilities as the company prepares to go publ...
21:48, 09/18/2019

Facebook Jumps on the Streaming Bandwagon With New Portal Device Facebook is getting into the streaming game, launching a new set-top version of its Portal device that adds to the company’s bet that the future of smart homes will be social....
21:48, 09/18/2019

Huawei Suspended From International Cybersecurity Forum After U.S. Ban Huawei Technologies has been suspended from membership in a global trade group of companies, governments and experts set up to tackle computer security breaches....
21:48, 09/18/2019

Gas Prices Could Rise Up to 25 Cents a Gallon After the Saudi Oil Facility Attacks. Here’s What to Expect The attacks that crippled two major Saudi oil facilities over the weekend are already beginning to drive up gas prices for American drivers half a world away. This week, consumers can “definitel...
19:48, 09/18/2019

Atlanta Fed model estimate for U.S. third-quarter GDP edges up to 1.9% The U.S. economy is likely growing at a 1.9% annualized rate in the third quarter, based on the latest data on industrial output and housing starts, the Atlanta Federal Reserve's GDPNow forecast model...
19:24, 09/18/2019

Stocks edge lower with Fed decision on tap; oil slips Stocks around the world edged lower on Wednesday and the U.S. dollar crept up as investors waited for the U.S. Federal Reserve's decision on interest rates later in the day....
19:24, 09/18/2019

U.S. housing starts, building permits race to 12-year high U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction accelerated, suggesting that lower mortgage rates were finally providing a boost to...
19:24, 09/18/2019

Novartis halts distribution of its Zantac versions amid probe into impurities Novartis AG's Sandoz unit said on Wednesday it was halting distribution of its versions of the drug commonly known as Zantac in all its markets, including the United States and Canada, after contamin...
19:24, 09/18/2019

Southwest passengers get no damages for flights canceled by de-icer shortage: U.S. judge Southwest Airlines Co won the dismissal of a proposed class-action lawsuit seeking damages for stranded passengers on hundreds of winter flights it was forced to cancel because it ran out of de-icer ...
19:24, 09/18/2019

FedEx tumbles 13% on weak 2020 outlook, brokers cut price targets Shares of FedEx Corp fell about 13% on Wednesday after the package delivery company slashed its 2020 profit outlook, blaming trade tensions and its split with client-turned-competitor Amazon.com ....
19:24, 09/18/2019

Instant view: U.S. fed funds rate breaks above Fed's target range A key interest rates the Federal Reserve aims to influence to control monetary policy broke above the top-end of the central bank's target range for the first time since the global credit crisis more ...
19:24, 09/18/2019

Exclusive: Italy cuts 2019, 2020 GDP growth forecasts - sources Italy's new government expects the economy to expand by only about 0.4% next year after eking out 0.1% growth this year, three sources close to the matter told Reuters, underscoring the need for an ex...
19:24, 09/18/2019

Exclusive: London Metal Exchange to delay ban on tainted metal until 2025 - sources The London Metal Exchange (LME) will postpone plans to ban metal tainted by human rights abuses until 2025, giving producers three more years to comply with guidelines and the exchange time to rethink...
19:24, 09/18/2019

German carbon pricing plan may cost DAX companies billions: report Germany's blue-chip companies could face billions of euros in costs to cut carbon emissions under a climate protection plan due to be unveiled by the government on Friday, according to a study by asse...
19:24, 09/18/2019

Fed's job gets more complex as fed funds rate moves out of bounds Stress in U.S. money markets loomed over a Federal Reserve policy meeting on Wednesday with new data showing that the central bank's target interest rate had drifted outside the level set by the centr...
19:24, 09/18/2019

Fed keeps cash spigot open as key rate punches above its target The Federal Reserve injected more cash into the U.S. banking system on Wednesday as the key interest rate pierced above the central bank's targeted range for the first time since the height of the glo...
19:24, 09/18/2019

Fed does the 'right thing' in supporting repo market: JPMorgan's Dimon JPMorgan Chase & Co Chief Executive Jamie Dimon credited the U.S. Federal Reserve on Wednesday with doing the "right thing" in supporting the overnight funding needs of banks after borrowing costs su...
19:24, 09/18/2019

Wall Street retreats ahead of Fed decision as FedEx weighs U.S. stocks came under pressure on Wednesday as investors waited for the Federal Reserve's decision on interest rates and clues about its future monetary policy, while a profit warning by FedEx weighe...
19:24, 09/18/2019

German prosecutors probe Airbus for potential misuse of client documents Munich prosecutors said on Wednesday they had launched a probe against Airbus after the company notified the authorities about potential irregularities involving customer documents....
19:24, 09/18/2019

U.S. trade groups urge Congress to rein in 'Tariff Man' Trump Nearly two dozen U.S. lobbying groups have joined forces to try to rein in U.S. President Donald Trump's power to unilaterally impose tariffs amid growing concern about the negative economic impact of...
19:24, 09/18/2019

Banker tells German court of 'vast network' at center of fraud trial A banker at the center of a trading scheme German prosecutors say resulted in hundreds of millions of euros of illegitimate tax rebates told a court the scheme had taken on an "industrial scale" invol...
19:24, 09/18/2019

Navy awards contracts for work on Stethem, Decatur, Stockdale guided-missile destroyers The U.S. Navy awarded contracts to BAE Systems and General Dynamics for dry-dock maintenance, modernization and repairs on the Arleigh Burke-class guided-missile destroyers USS Stethem, USS Decatur an...
18:36, 09/18/2019

To Take on Big Tech, a Professor Challenges His Own ‘Chicago School’ The University of Chicago has long been associated with the idea that antitrust decisions should be based on prices for consumers, not market dominance. That’s starting to change....
17:24, 09/18/2019

Rupee Snaps 2-Day Losing Streak, Rises 54 Paise Against Dollar: 10 Points The Indian rupee snapped its two-day falling streak against the US dollar on Wednesday on the back of falling crude oil prices. However, outflows by the foreign institutional investors capped the......
17:00, 09/18/2019

Government Open To Selling Part Of Air India To Foreign Airline: Report Government is open to selling a partial stake in debt-laden state-run carrier Air India to a foreign airline, people familiar with the matter said on Wednesday....
17:00, 09/18/2019